Current:Home > ContactEx-Jaguars employee who stole $22 million from team sentenced to 6½ years in prison -EquityZone
Ex-Jaguars employee who stole $22 million from team sentenced to 6½ years in prison
View
Date:2025-04-16 12:47:58
A former Jacksonville Jaguars employee who pleaded guilty to stealing $22 million from the team has been sentenced to six-and-a-half years in prison, the U.S. Attorney’s Office for the Middle District of Florida announced Tuesday.
Amit Patel, who racked up millions of dollars in fraudulent charges while serving as the administrator for the Jaguars’ virtual credit card program from September 2019 to February 2023, was also ordered to pay the Jaguars $21.1 million in restitution and attend Gamblers Anonymous meetings.
Patel, 31, faced up to 30 years in prison after pleading guilty in December to wire fraud and engaging in an illegal monetary transaction.
“Today, the IRS intercepted Patel’s playbook and achieved justice for the American public," IRS-CI Acting Special Agent in Charge Lani Rosado-Espinal said in a statement. "Patel deceived the Jacksonville Jaguars and used his position of trust to steal from the team, gamble on games and fund a lavish lifestyle.”
DETAILS:Feds detail ex-Jaguars employee Amit Patel's spending on 'life of luxury'
All things Jaguars: Latest Jacksonville Jaguars news, schedule, roster, stats, injury updates and more.
Court documents said Patel operated a fraud scheme and embezzled more than $22 million from the Jaguars. He transferred $20 million to FanDuel, $1 million to DraftKings and used more than $5 million to fund his "life of luxury," including spending over $200,000 for golf memorabilia (he paid $47,113.92 for Tiger Woods' 1996 putter), $78,800 in private jets, and $278,000 for hotels, rental properties, and travel. He also spent $95,000 on a single wristwatch and continued to spend cash after his firing, purchasing a game-used Trevor Lawrence jersey for $2,200 on eBay.
To hide his illicit transactions, prosecutors said Patel "created accounting files that contained numerous false and fraudulent entries and emailed them to the Jaguars' accounting department."
"I stand before you embarrassed, shamed, and disappointed by my actions," Patel said during the sentencing hearing, according to ESPN. "I can never truly convey how sorry I am to everyone affected by my actions."
During the hearing, Megha Parekh, senior vice president and chief legal officer for the Jaguars, said Patel "betrayed us."
"We gave him his dream job. We trusted him. We worked with him. We broke bread with him. We went through a pandemic and the highs and lows of the NFL with him," Parekh said, according to ESPN. "We take no joy in his punishment. Make no mistake, Amit broke our hearts."
In December, Patel's attorney, Alex King, said his client "suffers from a serious gambling addiction" and approximately 99% of the misappropriated funds from the Jaguars' virtual credit card program were gambling losses.
Contributing: Scooby Axson, Tom Schad
veryGood! (2)
Related
- The company planning a successor to Concorde makes its first supersonic test
- UPS union negotiated a historic contract. Now workers have the final say
- Navigating the Market Whirlwind: Mark Williams' Expertise in Swing Operations
- Some ‘Obamacare’ plans could see big rate hikes after lawmakers fail to agree on reinsurance program
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Trading Titan: The Rise of Mark Williams in the Financial World
- Phil Mickelson has wagered more than $1 billion, according to book by renowned gambler Billy Walters
- How climate policy could change if a Republican is elected president in 2024
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Unleashing the Risk Dynamo: Charles Williams' Extraordinary Path from Central Banking to Cryptocurrency Triumphs
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Miami-area village plans peacock vasectomies to try to curb their population
- Fast-moving Hawaii fires will take a heavy toll on the state’s environment
- Iconic Lahaina banyan tree threatened by fires: What we know about Maui's historic landmark
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Kelly Clarkson Switches Lyrics to “Piece By Piece” After Brandon Blackstock Divorce
- Navigating the Market Whirlwind: Mark Williams' Expertise in Swing Operations
- 17-year-old suspect in the New York stabbing of a dancer is indicted on a hate-crime murder charge
Recommendation
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Tensions rise as West African nations prepare to send troops to restore democracy in Niger
Arraignment delayed again for Carlos De Oliveira, Mar-a-Lago staffer charged in Trump documents case
Ford is losing a lot of money in electric cars — but CEO Jim Farley is charging ahead
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Prosecutors seek Jan. 2 trial date for Donald Trump in his 2020 election conspiracy case
The Titans' Terrell Williams temporarily will be the NFL's 4th Black head coach
Illinois Supreme Court plans to rule on semiautomatic weapons ban